The credit package worth 125 million USD was approved on Friday, marking a strategic shift from investment loans for particular industries to loans that support institutional improvements in localities. The credit package aims to help HCMC address its most pressing urban governance challenges, including land use, waste treatment and public transport, by eliminating institutional barriers. As the city is at the forefront of Vietnam’s economy, and contributing 21 percent to national budget, the loans will not only benefit city, but the country as a whole, the bank said in a release.